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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Novo Resources Corp. is engaged in evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. The Company explores and develops its prospective land package covering approximately 7,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. The Company operates through two segments: care & maintenance operations and exploration operations.


TSX:NVO - Post by User

Post by mrbubbaon Dec 29, 2020 10:02am
289 Views
Post# 32190633

WISEGUY - TX's INPUT TO QH INVALUABLE

WISEGUY - TX's INPUT TO QH INVALUABLEThank you, Wiseguy, for your thoughts. Very, very interesting. To be honest, on surface this does not necessarily reflect well on QH (he needs somebody else to help him?). However, I think there's a good possibility I don't fully appreciate the fact that Novo has a LOAD of irons in the fire, QH is more of an exploration geologist, and one person just can't do it all. Either way, it appears we should ALL be grateful for Tx's help and input. Per Wiseguy:

"About Tx ..... He has anticipated most every turn in Novo's growth and independence. Bob [Moriarty, presumably] calls him brilliant. Go back and read some of his posts, and his grasp of both plans and corporate/mining circumstances is mind boggling..... He made a bad call on PAC and it cost him some credibility. It was NOT a pump and dump. IMHO, no one knew that PAC's management could be so inept and anti-shareholder (again IMHO) ..... He believed in Novo from the beginning. He did think that KL would steer the ship. When that coup was defeated, he and QH developed a friendship based on mutual respect. I have been told that there is a small group of people that have helped QH and Novo in overcoming some of the obstacles that inevitably develop when building a company. I know that Quinton misses not being able to travel to Japan and see both his Sumitomo people and Tx. I can tell you that he [Tx] pushed QH hard into the realization that the key to growth was purchasing the mill. IMHO, cost was always secondary to ownership. I honestly don't think that Novo would be where it is today without his input. My two cents."
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